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Covid-19: With resurrection, Brazil records 100,000 new cases in a day

Virendra Pandit  New Delhi: As the world battles between virus, variants, and vaccines, Brazil, on Thursday, registered a record 100,158 new Covid-19 cases within 24 hours, officials said, underlining the scale of a snowballing outbreak that is becoming a major political crisis for President Jair Bolsonaro. The alarming caseload, along with 2,777 more pandemic deaths, came […]

Corporate war: Tata Sons win, Mistry loses in the Supreme Court

Virendra Pandit       New Delhi: In a landmark victory for the Tata Group, the Supreme Court on Friday set aside the National Company Law Appellate Tribunal (NCLAT) order that had reinstated Cyrus Mistry on Tata Sons’ Board and termed its current Chairman N. Chandrasekaran’s appointment as illegal. Ruling in favor of Tata Sons, the […]

Chicago City Council rejects anti-India resolution

Mukund Patel  Chicago (USA): The Chicago City Council on Wednesday (March 24) rejected an anti-India resolution (R2020-583) by a 26-18 vote, making it the first-ever city council in the US to have defeated such a move. Some other cities had passed similar resolutions against India in the recent past. The proposed resolution called Prime Minister […]

Roving Periscope: On immigrants’ influx, Biden may face the Trump moment!

Virendra Pandit  New Delhi: Just six months ago, he was condemning President Donald Trump for building a protective wall on the southern US-Mexican borders to check the influx of illegal migrants. Now Joe Biden finds thousands of them waiting to cross over from the controversial border porous at several places. Currently, the US authorities have […]

Covid-19: Second wave may last up to April second-half, says SBI report

Virendra Pandit  New Delhi: Stating that economic indicators are improving, a State Bank of India (SBI) report has said that with the fresh spike in the Covid-19 infections in the country, the new numbers are likely to surge to more than 2.5 million and the second wave of the pandemic may last up to 100 […]

Economy: Despite Covid-19 surge, improvement on, says RBI chief

New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das, on Thursday, said the revival of India’s economic activity is expected to be “unabated”, and growth projections for fiscal 2021-22 are unlikely to be cut despite a recent resurgence in Covid-19 infections in some states. Addressing an economists’ meeting in the national capital, the central […]

Petrol, diesel to remain outside GST regime for a decade, says Sushil Modi

Virendra Pandit  New Delhi: On a day the state-owned oil marketing companies (OMCs) marginally reduced petrol and diesel prices for the first time in a year, following a steep decline in global crude oil prices, senior BJP leader Sushil Kumar Modi said that it is not possible to bring the two fuels under the GST […]

Moratorium: After SC order, Centre may shell out Rs. 7k crores as relief

Virendra Pandit  New Delhi: The Centre may consider allocating an additional Rs.7,000 crore as additional relief to borrowers following the Supreme Court’s Tuesday verdict on loan moratorium provided by the RBI during the Covid-19 enforced lockdown last year, reports said. In its verdict, the apex court refused to interfere with the government and the Reserve […]

Roving Periscope: Arabs arm-twist Pak to mend fences with India!

Virendra Pandit  New Delhi: The Arabs, whom Pakistanis once fancied as Santa Clauses, have successfully arm-twisted a bankrupt and recalcitrant Islamabad to repay loans, forcing it to mend fences with India with which it has fought three wars and has been at loggerheads since 1947. Media reports said that the United Arab Republic (UAE)’s Foreign […]

Reliance-Future deal: Delhi HC stays restraining order

New Delhi: A division bench of the Delhi High Court on Monday stayed a single judge’s order restraining Future Retail Ltd’s (FRL) Rs 24,713 crore deal with Reliance to sell retail, warehousing, and logistics businesses. The US e-commerce giant Amazon had earlier objected to the deal and challenged it legally. Chief Justice DN Patel and […]
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